Xac/280 Week 4 Critical Thinking Reflection

As shareholders of VAFLA Corporation, an S corporation, the appellants claimed deductions to reflect the corporation’s operating losses. The commissioner disallowed deductions above the $10,000 bases from original investment. The appellants contend that the adjusted basis in their stock should be increased to reflect a $300,000 loan. The loan was obtained by VAFLA from bank and was guaranteed by the shareholder-guarantors. VAFLA made all of the loan payments, principals and interest to the bank and the appellants did not. Neither VAFLA nor the shareholder-guarantors treated the loan as constructive income taxable to the shareholder-guarantors.

While the media might not directly contribute to discrimination, the media is undoubtedly a significant aspect of modern day society that influences how people think about racial issues (Royce, 2009, p. 1, 17). Many people claim that racism no longer exists; however, the minorities’ struggle with injustice is ubiquitous. Whites are attempting to keep blacks and other minority families locked into an impoverished political and economic position by using various tactics to isolate them, such as mass incarceration that stems from the War on Drugs. The New Jim Crow helps us in seeing how history is repeating itself and how to legalized discrimination among the blacks and Hispanics by implementing the mass incarceration.

The memorandum from Salvador Monella to the Board of Directors addresses the rising costs of employee healthcare benefits at Penn-Mart. His communication includes an explanation of his purpose in addressing the healthcare costs, findings regarding Penn-Mart’s benefits costs, a recommended program to implement for cost reduction, and a discussion containing support for their recommendation. While some business people may be tempted to simply accept the information presented in Mr. Monella’s memorandum, it is my opinion, after reading Browne and Keeley’s Asking the Right Questions (2012), that adopting a critical thinking approach is the most effective way to evaluate the document.

2. In the 21st century exposure to media is an everyday event for most of us. Even at the grocery store, we see magazines and newspapers with eye-catching headings that may not be true. Also, the news is everywhere, and with technology on the rise, we even get news alerts on our phones. The media has taken over society. Most of the stories we read about seem to be true but in reality, are they giving a true insight of what is actually happening? Some of the stories cause people to become blindfolded from reality. This is because the stories that people read or see have a profound impact on shaping our reality rather they are true or not. We see the news about events that are going on in the world; rather they are catastrophic events or devastating events that were done by humans.

Rate each of the following statements as TRUE or FALSE. Justify your answer with an example or explanation to prove and illustrate your understanding. DO NOT OMIT THIS PART OF THE TEST. True/False answers can be guessed. But when you defend your answer by example or explanation, you demonstrate not only your memory and understanding but also that you can apply what you have learned. The first question is answered for you.

In this paper I will be answering specific questions about a critical thinking exercise located in the assigned text book. The questions that will be answered include: discussing the problem of the scenario, who the problem belongs to, the actions nurse Witte should take and the mode of communication she should use. Then I will discuss how she can provide a clear message, and to whom the message should be send to first, as well as, all the people that should informed. Lastly, I will explain the type of leadership and management strategies that would be best utilized.

1. They hired more broads than men. They hired more women than men. 2. He used to hire micks around here.

My mother and I is quite similar to one another, except with connection. Mom likes to be surrounded by her family, close friends and dependent on others. The contrast, I am independent but I do like being close to my family and friends.

Case 4: As of January 1, the Lohse Company owes the First Arbor Bank $350,000 which is due on December 31. Since Lohse seems unable to repay the note, the bank agreed that Lohse can “settle” this balance by agreeing to make four, annual installments on each of the next four years, provided that it adds a “due on

a File or space on the hard drive where data from RAM is "swapped" in order to preserve space.

As part of the expansion plan, Wie will acquire some used equipment by signing a zero-interest-bearing note. The note has a maturity value of $50,000 and matures in 5 years. A reliable fair value measure for the equipment is not available, given the age and specialty nature of the equipment. As a result, Wie 's accounting staff is unable to determine an established exchange price for recording the equipment (nor the interest rate to be used to record interest expense on the long-term

In accordance ASC 470-50-40-21b Modifications to or exchanges of line-of-credit or revolving-debt arrangements resulting in either a new line-of-credit or revolving-debt arrangement or resulting in a traditional term-debt arrangement shall be evaluated in the following manner:“ If the borrowing capacity of the new arrangement is greater than or equal to the borrowing capacity of the old arrangement, then any unamortized deferred costs, any fees paid to the creditor, and any third-party costs incurred shall be associated with the new arrangement (that is, deferred and amortized over the term of the new arrangement.”

In Chapter 3, there were 12 areas of bias spread across the 3 areas of heuristics. The main theme of the text was to prove that we are predisposed to certain outcomes. As we make important decisions we rely on our memory, or a number of past events, or even ignoring facts. Overall, we are biased in many ways when it comes to making decisions, or predicting outcomes of a particular event.

The company lost money almost every year since its leveraged buyout by Coniston Partners in 1989. The income generated was not sufficient to service the interest expenses of the company which stood at $2.62B in 1996. From Exhibit 1, we can say that interest coverage ratio computed as EBIT / Interest Expense was 1.31 in 1989 and has been decreasing over years and currently stands at 0.59. This raises a question of how the company can meet its interest payments without raising cash or selling assets.

Poldma dissects the Interior Design one element at a time. Her book will assist with the research